Tennessee Statutes

§ 45-3-1506 — Ownership limitations - Statutory compliance

Tennessee § 45-3-1506

This text of Tennessee § 45-3-1506 (Ownership limitations - Statutory compliance) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 45-3-1506 (2026).

Text

No mutual savings and loan holding company other than a Tennessee mutual savings and loan holding company may control or own more than five percent (5%) of the voting shares or rights of any Tennessee association or Tennessee savings and loan holding company unless the mutual savings and loan holding company meets the requirements of a southern region savings and loan holding company as defined in § 45-3-1402 . Any acquisition of a Tennessee association (mutual or stock) or Tennessee savings and loan mutual holding company shall be governed by and meet the requirements of part 14 of this chapter.

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Legislative History

Acts 1989, ch. 354, § 6.

Nearby Sections

15
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Bluebook (online)
Tennessee § 45-3-1506, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/45-3-1506.